Trending Articles

Sprout Mortgage to shutter

Housing Wire

Non-QM lender Sprout Mortgage is shutting down operations, multiple workers said on Wednesday. The company informed workers of the shut down in a conference call on Wednesday, a former staffer said.

Is Homeownership Still the American Dream?

Keeping Current Matters

Defining the American dream is personal, and no one individual will have the same definition as another. First Time Home Buyers For Buyers

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After implosion, FGMC files for bankruptcy

Housing Wire

Less than a week after laying off hundreds of workers and refusing new mortgage applications, First Guaranty Mortgage Corp. FGMC) and its affiliate Maverick II Holdings filed for Chapter 11 bankruptcy protection late Wednesday. .

Property Taxes Make Up More Than One-Third of State and Local Tax Revenue

Eyes on Housing

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $672.9 billion in taxes were paid by property owners in the four quarters ending Q1 2022 (not seasonally adjusted), a 0.1% quarterly increase.[1] 1] State and local governments collected $1.9

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

The Squeeze on Buyer-Agents

BubbleInfo

We are witnessing the demise of buyer-agents. The squeeze is coming from several directions, and all are rooted in the fact that there isn’t enough business to go around. Thankfully, half of the realtors are of retirement age, and will drift away naturally.

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Home price growth expected to dip as demand normalizes

Housing Wire

Home price appreciation, which skyrocketed during the pandemic, is showing signs of slowing, according to a monthly report published by CoreLogic Tuesday. In May, home prices increased by 20.2% year-over-year, the report said.

How Your Equity Can Grow over Time

Keeping Current Matters

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. For Sellers Move-Up Buyers Pricing Content Hub

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Private Residential Spending Inches Up in May

Eyes on Housing

NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. It was 0.2% up over the upwardly revised April estimates of $935.9 billion.

The storied history of Villa Carlotta in Los Angeles, an Old Hollywood treasure

Fancy Pants Homes

After an extensive renovation brought new life into L.A.’s ’s iconic Villa Carlotta, the 1920s Italianate villa gloriously returned to market in 2018 as its founders intended — in the form of a swanky extended-stay residential with minimum 30-day lodging.

5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

Canada’s Most Expensive Real Estate Market Is Dropping An Average of $2,200 Per Day

Better Dwelling

Canadian real estate prices got a big boost from central bank stimulus, sparking a speculative frenzy. That frenzy is coming to an end fast, with more than half of major markets off peak. A pullback is expected after rapid price increases for real estate markets.

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If You’re Selling Your House This Summer, Hiring a Pro Is Critical

Keeping Current Matters

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. For Sellers FSBOs Content Hub

State-Level GDP in the First Quarter of 2022

Eyes on Housing

Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the first quarter of 2022. New Hampshire, Vermont, Massachusetts, and Michigan saw modest GDP growth. According to the U.S. Bureau of Economic Analysis (BEA), the percent change in real GDP ranged from 1.2

Ask Brian: Is a Real Estate Agent a Good Career Choice in 2022 and 2023?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com.

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Canadian Real Estate Prices To See The Sharpest Drop In Global Downturn: Goldman

Better Dwelling

A global real estate correction has kicked off and Canada is expected to lead lower. That was the message from Goldman Sachs (GS) Research’s latest client note on rising rates. Excessively low rates stimulated record home sales and a multi-decade high for inflation.

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Redwood Trust finalizes acquisition of lender Riverbend 

Housing Wire

Specialty finance company Redwood Trust Inc. has completed its acquisition of bridge lender Riverbend Funding LLC , which has a funded portfolio of more than $1.5 billion single-family and multifamily loans nationwide.

Happy Independence Day

Keeping Current Matters

Holidays Infographics

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Hispanics Comprise 61% of the Construction Workforce in Texas

Eyes on Housing

The earlier June post highlighted the rising number and share of Hispanics in the construction industry. Hispanics now account for almost a third of the construction workforce, according to the 2021 Current Population Survey.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!

Mortgage and refinance rates today, July 5, 2022

The Mortgage Report

Today’s mortgage and refinance rates Markets were closed yesterday for Independence Day. And average mortgage rates fell last Friday, once again significantly. Last week was a seriously good one for […]. Mortgage Rates Now

How to Save for Retirement as a Real Estate Agent

McKissock

It might seem difficult to save for retirement as a real estate agent when you’re not sure what your income will be from month to month, or when you don’t have an employer-sponsored 401(k). That doesn’t mean it’s impossible, however.

Will mortgage lending get tighter in the next recession?

Housing Wire

As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter.

Tips For Selling Your Home in 2022

HomeLight

You’ve probably heard lots of advice from your friends, families, and neighbors about selling your home: but how do you know what will really work?

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

Higher Rates Reduce Mortgage Demand

Eyes on Housing

Per the Mortgage Bankers Association’s (MBA) survey through the week ending July 1, total mortgage activity decreased, with the 30-year fixed-rate mortgage (FRM) rate reaching 5.8% on average.

Avoid These 7 Listing Photo Mistakes When Selling Your Home

Mandrona Group

A photograph can be worth more than a thousand words. This is especially true in real estate. You might have. Read More. Home Seller Real Estate Blog Seller Presentation

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Sellers adjust to a new reality as asking prices fall

Real Trends

Asking prices for newly listed homes are beginning to drop, according to a new report from Redfin. During the four-week period that ended on June 26, the median home sales price rose 13.6% year-over-year to $399,249. The median asking price of newly listed homes was up 14.7%

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Arrived Homes is riding the rising rental-property wave 

Housing Wire

Seattle-based real estate investment platform Arrived Homes is flush with cash after recently raising $25 million in a venture-capital funding round, and is working to expand its reach in the still-hot single-family rental market.

The Only Business Plan You'll Ever Need in Real Estate

Overthinking your business plan? The old and tired process of building a 12-month business plan simply doesn’t make sense for the modern real estate business. Learn how to build one that will help you keep on track, stay nimble, and close more deals in 2022.